The non-QM lender is also launching a correspondent channel
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Angel Oak Mortgage Solutions welcomed five new account executives and became licensed in Rhode Island, according to a news release.
The new account executives are Lisa Lee, Salt Lake City; Mike Wilson, San Diego, Calif.; Stacy Eads, Birmingham, Ala.; Chris Farruggio, Phoenix; and Tricia James, Orange County, Calif.
Read more: Angel Oak Mortgage welcomes new director of correspondent lending
In addition, Angel Oak is launching a correspondent channel.
“The understanding and acceptance of non-QM programs has become more widespread throughout the lending landscape,” said Steven Winokur, Angel Oak chief marketing officer. “We have seen this in conversations with brokers and investors, as well as from account executives looking to join us. We’re excited about these new AEs and along with the launch of our correspondent channel, expect continued great things in the coming months.”
Read next: Angel Oak completes $132.65 million nonprime securitization
Last week, the company announced the addition of 23-year industry veteran Sean M. Marr as its new director of correspondent lending.
